What would be the likely effect on the yield to maturity of a bond resulting from? a.
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What would be the likely effect on the yield to maturity of a bond resulting from?
a. An increase in the issuing firm’s times-interest-earned ratio.
b. An increase in the issuing firm’s debt-to-equity ratio.
c. An increase in the issuing firm’s quick ratio.
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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a An increase in the firms times interestearned ratio decreases the default risk of the fi...View the full answer
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